Blog

Search

Philip Booth and Richard Wellings
19 November 2013
comments

If we look at the performance of high-tax Western countries – which includes, amongst others, every EU country, plus the US – it is grim. These are the countries which, despite their high...
Christopher Snowdon
14 October 2013
5 comments

The poorest twenty per cent of households in Britain spend an average of £1,286 per year on ‘sin taxes’, including betting taxes, vehicle excise duty, air passenger duty, ‘...
Kristian Niemietz
23 September 2013
comments

Up until about 2004, the Labour government’s strategy of fighting poverty by concentrating on three priorities – government spending, government spending and government spending –...
Philip Booth
10 September 2013
comments

George Osborne capitalised on some good economic news in his speech yesterday. He argued that the economy has turned a corner, though he emphasised that risks remain. If we are turning the corner,...
Philip Booth
3 July 2013
1 comment

Google Cameron global race and you get a depressing 33,000,000 responses. Google Osborne global race and you get a depressing 2,650,000 responses. Apparently, the ‘global race’ is going...
Kristian Niemietz
28 June 2013
comments

Most people who have had to adjust their spending behaviour after a substantial loss of income probably observed two things. Firstly, the 'lawnmower method' – cutting expenditure across...
Philip Booth
21 June 2013
3 comments

  When it comes to the debate on tax avoidance, the coalition seems to struggle in two respects. The first problem is that the government seems unable to articulate the idea that the main...
Philip Booth
5 June 2013
3 comments

There is remarkably little economic commentary on the shadow economy. This is possibly because, by its nature, it is difficult to measure. Survey evidence tends to under-estimate the shadow...
Christopher Snowdon
25 May 2013
5 comments

  The negative consequences of putting 'sin taxes' on products when demand is inelastic are well known. Almost invariably, they hurt the poor more than the rich. They encourage black...
Philip Booth
24 May 2013
10 comments

Earlier this week, I appeared on Radio 5 to talk about tax avoidance. The news hook was a speech by Ed Miliband on the supposed problems of Google’s low corporation tax payments. Of course,...
Philip Booth
23 May 2013
6 comments

The opening lines of the press conference presenting the IMF’s report on the UK economy did not bode well. The IMF’s deputy managing director David Lipton congratulated the government...
Philip Booth
8 May 2013
comments

It seems a pity that a government whose main economic problems are an inability to control government spending and low economic growth has responded to the local election results by writing a Queen...
Kristian Niemietz
11 April 2013
1 comment

The Right-to-Buy programme, which enabled council tenants to buy the home they lived in at a discount price, was one of Margaret Thatcher’s less controversial policies during her time...
Kristian Niemietz
21 March 2013
5 comments

At first sight, the 2013 Budget seems to mean good news for prospective homebuyers and working parents. Under the new Help-to-Buy programme, the government will act as a guarantor for mortgages...
Richard Wellings
20 March 2013
comments

George Osborne continues to make the same error he made in previous budgets. He is assuming the British economy will return to robust growth from 2014 onwards and that this will deliver the higher...
Philip Booth
18 March 2013
2 comments

  The chancellor should announce that this will be the last annual budget of its type. Unfortunately, the budget is now used to make announcements that have nothing to do with Treasury...
Mark Littlewood
12 March 2013
3 comments

British Chancellor George Osborne and United Kingdom Prime Minister David Cameron received a timely reminder today that their tough-sounding rhetoric about getting the nation's public finances...
Anthony J. Evans
11 March 2013
2 comments

  A recent article by Alex Hern at the New Statesman has argued that likening the UK economy to a credit card is ‘pernicious’, and in a resulting exchange via Twitter he has...
Mark Littlewood
25 February 2013
comments

A major irritation for anyone attempting to engage in an informed public discussion of economic policy is the media’s desire to latch onto any piece of news which makes a snappy...
Philip Booth
19 February 2013
3 comments

I do not agree with taxes on wealth as a matter of principle. In general, increases in wealth come from two sources. It is saved from income that has already been taxed, or it arises as a...